Mexico's Carlos Slim Reclaims World's Richest Man Title From Bill Gates

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A rise in the share price of pan-Latin American telecom giant America Movil has lifted Carlos Slim's net worth above that of Bill Gates for the first time since May 2013, Forbes estimates.

The move happened on Tuesday when the value of Slim’s phone company América Móvil’s , his largest holding, rose 1% or $805.6 million, pushing his net worth to Forbes estimate of $79.6 billion, against Gates's estimated $79.1 billion net worth.

Between July 1 and July 11, Slim’s wealth jumped from $74.5 billion to $79.6, a gain of $5.1 billion in 12 business days, an indication that investors are applauding Slim's unexpected decision to reduce his phone market share below 50% as a new antitrust telecom law mandate comes into play. Investors seem to believe the outcome may actually be better for Slim's business interests.

Mexican President Enrique Peña Nieto signed the bill into law on Monday in an event attended by Mexico's top telecom executives, including Carlos Slim Domitt, Slims Helús oldest son and heir apparent.

 

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It is so, so, so important to know which person has the most billions. Think of every global issue that raises awareness of. Please keep up the fair work - it’s critically vital.

Old news is good news now?

Wish he could become our President ! 🇲🇽🇲🇽🇲🇽

He won't have problems coming to US without papers?

This note is from Jul 15, 2014. Get your shit together

Who cares what happened in 2014? Apparently no news to report

Bill : I do not care.

Yes, he did, this note is from Jul 15, 2014,4:35.

Maybe if he stopped using for philanthropy? I think he’ll be okay. Lol

The president of Mexico is Andres Manuel López Obrador not Enrique Peña Nieto 🤪

wtf is this article from 2014 gtfo

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